AUD/USD Technical Analysis: As of January 17, 2025, the AUD/USD exchange rate is approximately 0.6150. The pair remains in a clear downtrend, struggling to maintain levels above 0.6200. The formation of lower highs and lows continues, indicating...
GBP-USD PAIR FORECAST I will try to analyze the GBP/USD currency pair using the H4 timeframe. For the current price, it looks like it is playing below the Moving Average Indicator period 21 and also the Moving Average Indicator period 34 which...
The EURCAD pair is currently experiencing a bearish trend. Although the price is moving between the 50-day and 200-day Moving Averages, they have not crossed, indicating the absence of a golden cross signal. The price may continue its downward rally...
The morning assumption about the development of the decline today within the day is beginning to acquire more distinct forms, the price of the currency pair is trying to break the pivot of the day 1.0292 to the south, in case of fixing the price...
Support and Resistance Support and Resistance in Forex Trading Support and resistance are fundamental concepts in forex trading that help traders identify potential price levels where the market might reverse or pause. These levels are essential...
